Court denies CFPB’s request to vacate fair lending settlement

Judge declines to reopen case and vacate settlement with Chicago mortgage broker Townstone Financial, calling the request "a Pandora’s box the court refuses to open."

American woman wins $300K Irish home for price of 2 coffees

Imelda Collins launched the "Win a House Near Sligo" raffle to give one lucky winner the keys to her "fairytale Irish country home" in County Leitrim, Ireland. Over 150,000 tickets were sold, and in the end, Kathleen Spangler of Chicago emerged as the winner. 

Broker Spotlight: Holly Brink, My Real Estate Company

Find out how this broker across four states has launched and where she and her agents are headed as they embrace the future.

Chimera boosts non-QM presence with HomeXpress acquisition

The New York City-based REIT will pay $120 million in cash for national non-Qualified Mortgage lender HomeXpress Mortgage Corp., plus 2.08 million shares in Chimera valued at $27.9 million.